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Pharma Vision 2000 Invests In Hoechst

10 March 1997

Pharma Vision 2000 AG has taken a 0.5% stake in Hoechst AG for $134.5million, and will lobby for a spin-off of Hoechst Marion Roussel. PV2000 director Peter Sjostrand said that Hoechst can realize the value of HMR by spinning it off, which he expects to happen in the next two years.

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